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Compute the company gross profit percentage

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Problem - Pizza Pete earned net sales revenue of $62,000,000 in 2024. Cost of goods sold was $41,540,000, and net income reached $10,000,000, the company's highest ever. Compute the company's gross profit percentage for 2024. First, select the formula. Then enter the applicable amounts and calculate the gross profit percentage.

Reference no: EM132871125

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